Saturday, January 01, 2011 10:34:19 AM
The Company has recently been contacted by Merchant Bankers to sponsor an Initial Public Offering (IPO)
Do we ask for PO which will sponsored by F.I. Finance Institute ?
From my point of view: Definitely No because it doesn't make me any sense to ask for finances when you can generate between $30-50M quarterly.
The Company has looked at both the NASDAQ and German DAX,
If Cottons have such strong ambitions we will see $1 PPS somewhere in 2011 because NASDAQ asking for a minimal requirement of $1 PPS in order to be traded there. I don't know about DAX.
So, it is definitely the bright future. We have growing demands in the mining sector and some good restructures in the business future of the company.
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